This module allows you to analyze existing cross correlation between CAC 40 and DAX. You can compare the effects of market volatilities on CAC 40 and DAX and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in CAC 40 with a short position of DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of CAC 40 and DAX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, CAC 40 is expected to generate 0.93 times more return on investment than DAX. However, CAC 40 is 1.07 times less risky than DAX. It trades about 0.23 of its potential returns per unit of risk. DAX is currently generating about 0.13 per unit of risk. If you would invest 535,277 in CAC 40 on December 20, 2017 and sell it today you would earn a total of 14,206 from holding CAC 40 or generate 2.65% return on investment over 30 days.